Nestle Pakistan : Financial Results for the 2nd Quarter Ended June 30, 2022
July 28, 2022 at 03:18 am EDT
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Lahore: July 28, 2022
The General Manager
Pakistan Stock Exchange (Guarantee) Limited
Stock Exchange Building
Stock Exchange Road
Karachi - 74000
Dear Sir,
FINANCIAL RESULTS FOR THE THREE MONTHS PERIOD ENDED JUNE 30, 2022
We are pleased to inform you that the Board of Directors of Nestlé Pakistan Ltd., in their meeting held on July 28, 2021 at 09:00 am, announced the following:
1st Interim Cash Dividend: PKR 155 per share i.e. 1550%.
The financial results of the Company are as follows:
Six month period ended
Three month period ended
Jun 30, 2022
Jun 30, 2021
Jun 30, 2022
Jun 30, 2021
--- (Pak Rupees in '000) ---
--- (Pak Rupees in '000) ---
Revenue from contracts with customers
80,442,598
65,804,846
42,661,176
33,470,930
Cost of goods sold
(54,279,279)
(46,211,022)
(29,163,126)
(23,854,151)
Gross profit
26,163,319
19,593,824
13,498,050
9,616,779
Distribution and selling expenses
(8,224,103)
(7,696,906)
(4,348,393)
(3,906,393)
Administration expenses
(2,344,093)
(1,992,045)
(1,053,649)
(942,280)
Operating profit
15,595,123
9,904,873
8,096,008
4,768,106
Finance cost
(1,238,928)
(999,392)
(640,333)
(525,505)
Other expenses
(1,498,543)
(960,746)
(837,589)
(723,955)
Other income
144,203
201,889
117,278
83,803
Profit before taxation
13,001,855
8,146,624
6,735,364
3,602,449
Taxation
(5,306,745)
(2,363,340)
(3,456,101)
(1,028,465)
Profit after taxation
7,695,110
5,783,284
3,279,263
2,573,985
Earnings per share basic and diluted
169.68
127.53
72.31
56.76
(Rupees)
Nestlé Pakistan Ltd.
SYED SAIFUL ISLAM
Chief Financial Officer
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Nestle Pakistan Ltd. published this content on 28 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2022 07:17:05 UTC.
Nestle Pakistan Limited is a Pakistan-based food and beverage company. The Company is principally engaged in manufacturing, processing and sale of dairy, nutrition, beverages and food products, including imported products, such as dairy, confectionery, culinary, coffee, beverages, infant nutrition and drinking water. The Companyâs segments include Dairy and nutrition products, Powdered and liquid beverages, and Other products. Its dairy products include NESTLE MILKPAK, NESTLE MILKPAK CREAM, NESTLE MILKPAK DAIRY BUTTER, NESTLE SWEET ânâ TASTY YOGURT, NESTLE LABAN, NESTLE NESVITA and NESTLE EVERYDAY. Its children health and growth solutions include NESTLE NIDO School Age Nutrition, NESTLE BUNYAD and NESTLE MILO. Its beverages include NESTLE FRUITA VITALS and NESTLE NESFRUTA. Its coffee products include NESCAFE ORIGINAL, NESCAFE CHILLED ready-to- drink (RTD), NESCAFE ICE and NESCAFE GOLD. The Company offers drinking water under NESTLE PURE LIFE brand.
NESTLÉ PAKISTAN LIMITED 
